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sweet [91]
3 years ago
14

Steven, a construction worker, tends to buy a new gadget if most of his friends have them and only after they've teased him abou

t not having the gadget yet. He relies on reviews from his friends rather than on television or newspaper advertisements to make his purchase decisions. It can be inferred that when it comes to the diffusion of innovation, Steven belongs to the group of _____.
Social Studies
1 answer:
Sedaia [141]3 years ago
5 0

Answer:

late majority

Explanation:

Late majority -  

It is the second last segment of the population which adopts to the innovative technology , is known as the Late majority .

The people falling in this segment of late majority around 34 % of the total population .

hence , from the question , Steven falls in this segment of Late majority .

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An increase in disposable income simply shows that the demand curve shifts rightwards and it depend largely o whether the goods is a normal goods or inferior goods.

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